Masters in Cost And Management Accounting

Masters In Cost and Management Accounting Course Requirements

In order for students to gain admission to complete a Masters in Cost and Management Accounting they need to have successfully completed a postgraduate diploma or equivalent qualification in cost and management accounting with an average of 65%, as well as an average of 65% for Research Methodology (NQF 7) and Management Accounting (NQF 7). Students also need to successfully achieve the faculty selection criteria.

In addition to the academic qualifications stated above, the following admission criteria also need to be satisfied before a recommendation for admission to complete a Masters in Cost and Management Accounting can be made:

• The proposed topic must be appropriate for higher degree research and it must be consistent with the academic aims and objectives of the student.

• The student must have access to the necessary resources, facilities and the necessary budget in order to complete the degree within the timeframe.

• There must be a qualified staff member holding confirmed, continuous or fixed-term appointments of sufficient length for the purposes of supervision of the proposed research and student.

• The proposed program of work must be able to be completed within the maximum period of submission for the degree.

• A suitable level of contact with the university supervisors must be maintained.

• Where the applicant is currently employed, capacity to meet the timelines and other requirements must be considered.

• The proposed research cannot reproduce research that has previously been submitted for the award of a degree or diploma.

• Where the intellectual property rights of the applicant may be a consideration, a suitable agreement protecting the rights of the student needs to be signed. If the student is unwilling to sign an agreement, the research proposal may not be approved and the student may be required to choose another topic in an area that is not commercially sensitive.

• The applicant should have no outstanding financial obligation with the University and in the case of international applicants, they should be able to verify the necessary financial capacity to undertake the program.

• The applicant must possess sufficient English language proficiency.

Masters In Cost And Management Accounting Career Opportunities

Management accounting involves the provisions and use of costing and  accounting information to managers within organisations, providing them with the basis to make informed business decisions. Management accountants will be involved in cost determination,  pricing, cash flow forecasting, budgeting, contribution statements, break-even analysis and investment appraisal. Job opportunities include Costing clerk, Accounting Clerk, Cost Analysis, Assistant Accountant, Assistant Management Accountant, Management Accountant, Chartered Management Accountant and a Financial Manager. Graduates who have completed their Masters in Cost & Management Accounting open a number of doors for themselves within the industry and are on their way to becoming experts at what they do.